FBR Capital Upgrades Zions Bancorporation To Outperform

Analysts at FBR Capital upgraded Zions Bancorporation (NASDAQ: ZION) from Market Perform to Outperform.

The price target for Zions Bancorp has been raised from $30.00 to $36.00.

Zions Bancorp shares have dropped 8.66 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period.

Zions Bancorp shares climbed 0.50 percent to $27.35 in pre-market trading.